Can you do anything to save yourself some tax?

As the end of the tax year is nearly upon us, now is the time to be thinking about what action can be taken to assist in reducing tax liabilities for the year ended 5 April 2019. Ensuring that all the appropriate reliefs and allowances have been used should always be...

What could you do to save tax?

As it nears to the end of tax year I have given some thought to some of the ways that action taken now may assist in reducing a tax liability for the year ended 5 April 2018. Consideration should be given to ensuring that all the appropriate reliefs have been used. In...

Simple Assessment is here

So what is simple assessment? Basically it is a calculation that HMRC has started issuing to taxpayers with relatively straight forward tax affairs, to collect underpayments of tax. This is as an alternative to issuing a tax return for completion. HMRC have always had...